Asian stocks fluctuate as traders nervously await Fed, BOJ

The financial markets are more nervous regarding the BOJ than the Fed, because it might give a surprise. In recent weeks, global markets have been blowing hot and cold over the Fed's intentions, that remain far from clarified after both hawkish as well as dovish comments from several Fed officials.

The consensus is that the major US bank will leave interest rates intact at the end of its gathering on Wednesday, with traders focusing on the statement and Janet Yellen's speech for further clues on the timing of the Fed’s next interest rate increase.